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Bullboard - Stock Discussion Forum Royal Helium Ltd. V.RHC

Alternate Symbol(s):  V.RHC.W.A | V.RHC.W.B | RHCCF

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen... see more

TSXV:RHC - Post Discussion

Royal Helium Ltd. > Thread on Recent Webinar
View:
Post by SkywalkerofLuke on Feb 09, 2023 3:22pm

Thread on Recent Webinar

Great lil thread on RHC.v RHCCF recent webinar.


They’ll be heading into production very soon. Also glad to see some updates on some of their other projects like Val Marie and their leased areas at Swift Current.


https://twitter.com/TheTSXDude/status/1623477980860407809?s=20&t=Oj6UDuvi2DW5qBTyug2XjA

Comment by Margin321 on Feb 10, 2023 9:55am
That is the key, at this point a binary stock depending on one thing. If the start assembling a plant on Steveville site in March and start selling truckloads of helium in April (as required by terms of off take agreement with rocket launcher) the shares will double, or more. If the have long delays or worse, then shares will continue to languish. I am encouraged that the banks must have done some ...more  
Comment by Margin321 on Feb 10, 2023 10:05am
That is a good thread. Timelines are crazy aggressive but could happen. Cost of Nazarre horizontal well would be 8-10 million. Maybe they get that from cash flow at Steveville. The cost of the Nazarre processing facility (much bigger) would be $50 million. But if they have great success getting Steveville production on line in April, and if first horizontal well at Nazare is great, and if the ...more  
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